The activity of the National Bank of Moldova on the foreign exchange market (foreign exchange interventions) is performed in strict compliance with the monetary and foreign exchange policy objectives.

In August 2015,  consumer prices index (CPI) for the last 12 months constituted 12.2 percent, increasing by 3.6 percentage points versus the previous month.

The base rate applied on main short-term monetary policy operations, increased by 2.0 percentage points, from the level of 17.5 to 19.5 percent annually as from 02 September 2015.

In January-July 2015, the total amount of net money transfers from abroad made in favour of individuals via authorized banks of the Republic of Moldova amounted to US$ 662.12 million (down by 30.0% as against the same period of 2014).

In July 2015, monetary base  increased by MDL 911.3 million (3.4 percent) compared to June 2015 and accounted for MDL 27480.4 million.

Weighted average interest rate on new loans in national currency granted in July 2015 was 14.37 percent, increasing by 3.84 percentage points compared to the same period last year.

According to the current projection, the annual rate of CPI will record this year the level of 9.3 percent and 11.6 percent in 2016.

In June 2015, monetary base   increased by MDL 833.3 million (3.2 percent) compared to May 2015 and accounted for MDL 26569.1 million.

Сonsumer prices index (CPI) for the last 12 months constituted 8.6 percent in July 2015, increasing by 0.3 percentage points versus the previous month.

The banking sector in Republic of Moldova consists from two levels: the NBM and commercial banks. The activity of the NBM, as a regulating and supervising authority for banks is based on the Law on the NBM. Law on Financial institutions is the basic law governing the activities of financial institutions, including banks.

The activity of the National Bank of Moldova on the foreign exchange market (foreign exchange interventions) is performed in strict compliance with the monetary and foreign exchange policy objectives.

The non-cash foreign exchange market of the Republic of Moldova is determined by the turnover of purchase/sale transactions of the foreign currency that have taken place on different segments of the market, except those performed by the National Bank of Moldova

Net profit - 3,739,631 thousand MDL;
Comprehensive result - 3,750,535 thousand MDL;
Profit available for distribution - 1,436,113 thousand MDL.

This report elucidates the financial status of the National Bank and has no direct connection with the primary objective of ensuring and maintaining price stability.

Total assets:  51 347 855 thousand MDL
Total liabilities: 41 503 780 thousand MDL
Total capital and reserves, profit and revaluation differences: 6 104 444 thousand MDL

In the first semester of 2015, the evolution of the indicators of the banking sector remains as a whole heavily distorted by the activities of the banks under special administration (B.C. ”BANCA SOCIALĂ” S.A., Banca de Economii S.A. and B.C. „UNIBANK” S.A.).

The National Bank of Moldova, together with the National Bank of Romania and De Nederlandsche Bank (Central bank of Netherlands) launched on 30 July 2015 the Twinning Project on strengthening the National Bank of Moldova's capacity in the field of banking regulation and supervision in the context of EU requirements.

The base rate applied on main short-term monetary policy operations, increased by 2.0 percentage points, from the level of 15.5 to 17.5 percent annually.

In January-June 2015, the total amount of net money transfers from abroad made in favour of individuals via authorized banks of the Republic of Moldova amounted to US$ 547.81 million (down by 28.7% as against the same period of 2014).

Weighted average interest rate on new loans in national currency granted in June 2015 was 13.91 percent, increasing by 3.88 percentage points compared to the same period last year.